Comment on the Interpretive Rule on the Use of Digital User Accounts to Access Buy Now, Pay Later Loans

The Financial Health Network appreciates this opportunity to comment on the Consumer Financial Protection Bureau’s (CFPB) interpretive rule with respect to the use of digital user accounts to access buy now, pay later (BNPL) loans. The Financial Health Network brings together financial institutions, employers, innovators, and nonprofits all working to achieve financial health for all. The Financial Health Network is a recognized expert on the state of financial health in the United States and on the ways in which various financial products and services affect consumers’ financial health.